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EUR/JPY Price Analysis: Euro climbs toward session highs with bullish trend intact
The EUR/JPY pair extended its rally on Thursday, pushing toward the 164.00 zone after a strong advance during the European session. The pair sits near the top of the day’s range as it enters the Asian session, reflecting sustained demand despite a flattening in momentum indicators.
Fxstreet
Thu, May 1
Trump's stablecoin chosen for $2 billion Abu Dhabi investment in Binance, co-founder says
World Liberty Financial unveiled USD1 stablecoin in MarchTo be used for $2 bln MGX investment in Binance, WLF co-founder saysUse highlights World Liberty's growing clout in crypto industry By Federico Maccioni May 1 (Reuters) - A stablecoin launched by Donald Trump's World Liberty Financi...Reuters
Thu, May 1
CANADA FX DEBT-Canadian dollar weakens but uptrend remains intact
Canadian dollar falls 0.4% against the greenbackTrades in a range of 1.3785 to 1.3862Factory PMI falls to 45.3 in AprilBond yields trade mixed across the curveBy Fergal Smith TORONTO, May 1 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Thursday, giving back some of the ...Reuters
Thu, May 1
EUR/GBP Price Analysis: Euro holds bullish tone while drifting near 0.8500
The EUR/GBP pair saw slight weakness on Thursday, trading near the 0.8500 zone after the European session. Despite today’s marginal drop, the overall structure remains supportive of a bullish bias, backed by a firm base of longer-term moving averages.
Fxstreet
Thu, May 1
FOREX-Yen tumbles with BOJ on hold; US dollar rises vs most currencies
Yen sold as BOJ holds rates but cuts economic forecastsUS manufacturing contracts; jobless claims riseMuch of Europe closed for May Day holidayBy Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON, May 1 (Reuters) - The yen sank on Thursday as the Bank of Japan lowered growth forecasts due...Reuters
Thu, May 1
Tether Reported Over $1 Billion In Operating Profit From Traditional Investments During The Quarter
May 1 (Reuters) - TETHER: REPORTED OVER $1 BILLION IN OPERATING PROFIT FROM TRADITIONAL INVESTMENTS DURING THE QUARTERTETHER: CIRCULATING SUPPLY OF USD₮ GREW BY APPROXIMATELY $7 BILLION IN Q1Source text: https://tinyurl.com/29awkmjfFurther company coverage: [ ]Reuters
Thu, May 1
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% lower at C$1.382 to the greenback, or 72.36 U.S. cents, after trading in a range of 1.3785 to 1.3825.Canadian government 10-year bond yields CA10YT=RR ...Reuters
Thu, May 1
COLUMN-After record import blow to U.S. GDP, beware export sucker punch: McGeever
By Jamie McGeeverORLANDO, Florida, May 1 (Reuters) - Net trade delivered a record blow to the U.S. economy in the first quarter, as U.S. companies ramped up imports to get ahead of the Trump administration's tariff tsunami.While the focus is rightly on imports, it's also worth considering th...Reuters
Thu, May 1
FOREX-Yen slides as tariffs keep BOJ on hold, dollar steady
Yen sold as BOJ holds rates but cuts economic forecastsDollar is steadyFriday's US jobs data in focusMuch of Europe closed for May Day holidayBy Samuel Indyk and Tom Westbrook LONDON/SINGAPORE, May 1 (Reuters) - The yen slid on Thursday as the Bank of Japan (BOJ) lowered growth forecasts ...Reuters
Thu, May 1
RPT-COLUMN-Euro zone tortoise overtakes US hare :Mike Dolan
By Mike Dolan LONDON, May 1 (Reuters) - A rare instance of euro zone economic outperformance against the once-unstoppable U.S. powerhouse may be more than just a flash in the pan, even if it was flattered by trade distortions.First-quarter economic reports from both economies were released on Wed...Reuters
Thu, May 1
Bio-polymer maker Itaconix to hike some prices, cut costs to mitigate tariff hit
May 1 (Reuters) - Specialty chemicals company Itaconix ITXI.L said on Thursday it would implement selective price increases and look at cutting supply chain costs to offset the impacts of proposed U.S. tariffs, which are expected to raise production expenses.The developer of sustainable, bio-based p...Reuters
Thu, May 1
Sterling steady against dollar and euro, manufacturing activity shrinks
By Samuel Indyk LONDON, May 1 (Reuters) - Britain's pound was steady against the dollar on Thursday but remained close to a three-year high reached earlier in the week as investors shunned the U.S. currency in the wake of U.S. President Donald Trump's tariffs. A survey on Thursday confirm...Reuters
Thu, May 1
WLF's Zach Witkoff: USD1 selected as official stablecoin for MGX investment in Binance
DUBAI, May 1 (Reuters) - USD1 has been selected as official stablecoin for Abu Dhabi backed investment vehicle MGX's investment in Binance, Zach Witkoff, World Liberty's co-founder said on Thursday.Reuters
Thu, May 1
SPECIAL REPORT-Iran had imperial ambitions in Syria. Secret embassy documents show why it failed
Documents show Iran's dreams of a U.S.-style Marshall Plan in SyriaHuge projects were stymied early by corruption, sanctions and money problemsThe plans went spectacularly wrong with the fall of Bashar al-AssadBy John Davison, Allison Martell, Reade Levinson DAMASCUS - Iran had a grand pl...Reuters
Thu, May 1
BOJ keeps rates steady, cuts growth forecasts on US tariff hit
BOJ keeps interest rate steady at 0.5% as widely expectedBoard cuts growth forecasts in quarterly reportBOJ delays projected timing of hitting target by a yearUeda says BOJ still on course for further rate hikesWarns of shaky baseline scenario, huge uncertaintyBy Leika Kihara and Makiko Yamazaki ...Reuters
Thu, May 1
EUR/JPY Price Analysis: Bulls flirt with trading range hurdle, around mid-163.00s on dovish BoJ
The EUR/JPY cross catches aggressive bids on Thursday and rallies to a fresh weekly high, around the mid-163.00s during the first half of the European session amid the dovish Bank of Japan (BoJ)-inspired selling around the Japanese Yen (JPY).Fxstreet
Thu, May 1
FOREX-Yen slides as tariffs keep BOJ on hold, dollar edges higher
Yen sold as BOJ holds rates but cuts economic forecastsDollar recovers more lost groundFriday's US jobs data in focusBy Samuel Indyk and Tom Westbrook LONDON/SINGAPORE, May 1 (Reuters) - A sliding yen boosted the dollar on Thursday as the Bank of Japan lowered growth forecasts in light of U.S...Reuters
Thu, May 1
QUOTES-BOJ Governor Ueda's comments at news conference
May 1 (Reuters) - The Bank of Japan kept interest rates steady and cut its growth forecasts on Thursday, as uncertainty surrounding U.S. tariffs clouds the outlook for the world's fourth-largest economy.But the central bank projected inflation would stay roughly on course to hit its 2% target in...Reuters
Thu, May 1
Sumitomo Corp CEO - Expect Limited Direct Impact From U.S. Tariffs On Our Operations, But Will Have Indirect Impact
May 1 (Reuters) - Sumitomo Corp 8053.T:SUMITOMO CORP CEO: EXPECT LIMITED DIRECT IMPACT FROM U.S. TARIFFS ON OUR OPERATIONS, BUT WILL HAVE INDIRECT IMPACTSUMITOMO CORP CEO: IMPACT FROM U.S. TARIFFS ON OUR EARNINGS WILL BE LIMITED TO A MAXIMUM OF 40 BILLION YEN FOR FY2025/26SUMITOMO CORP CEO: HOPI...Reuters
Thu, May 1
GBP/JPY rises to near 192.00 after BoJ’s Ueda speech
The GBP/JPY cross gains ground to near 191.95 during the early European session on Thursday. The Japanese Yen (JPY) softens against the Pound Sterling (GBP) after the Bank of Japan (BoJ) kept interest rates steady and slashed its growth forecasts on Thursday.
Fxstreet
Thu, May 1
